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Palladium prices drop the biggest in 2 years

Palladium prices plummeted around 7 percent on Wednesday, the biggest daily percentage drop in more than two years, as investors worried that prices had risen too far too fast and breaks below technical levels triggered automatic...

Oil prices mixed

Oil prices were mixed yesterday, with Brent extending the previous session’s rise, but gains were kept in check amid growing fears over the impact of a global economic slowdown on demand.Brent added 16 cents, or 0,2...

Gold gains on soft equities

Gold inched up on Wednesday, after falling the most in nearly two weeks in the previous session, as share markets retreated on worries about a possible U.S. recession and weak data added to concerns about the...

Lack of good projects puts mining boom at risk

After years of suffering, the mining industry is finally somewhat bullish on its own prospects. But senior executives at the Reuters Mining Summit this week reported a pronounced lack of good new projects of the kind...

Gold slips again

Gold extended losses on Friday, moving further away from a three-week peak hit in the previous session, as appetite for riskier assets improved on upbeat U.S. economic data, while the metal was still on path for...

Amnesty accuses electric vehicles makers of using unethically sourced minerals

Human rights advocate Amnesty International has accused the electric vehicle (EV) industry of selling itself as environmentally friendly while most of the batteries they produce use polluting fossil fuels and unethically sourced minerals.In a report published on Thursday, the...

Gold near 3-week peak; palladium at record high

Gold rose on Thursday, trading close to a three-week peak hit in the previous session after the U.S. Federal Reserve phased out a possibility of an interest rate hike this year, while palladium scaled a record...

Alrosa wants controlling stake to mine in Zimbabwe

Russian state-controlled miner Alrosa will assess the quality of Zimbabwe's diamond reserves over the next six months but would only start mining if it can take a majority stake in such a project, the company's chief...

Platinum and Palladium: A New Age of Bullion

When you think of investing in precious metals, you probably think about gold and silver. It makes sense. These metals have been widely accepted as currency and stores of value for centuries. But newer types of metals have recently...

Palladium strikes record high on supply squeeze; gold gains

Palladium prices surged to a record on Tuesday, bolstered by worries about shrinking supply of the auto-catalyst metal, while gold rose on expectations that the U.S. Federal Reserve will maintain a dovish tone at its policy...

Gold inches lower as firm dollar offsets falling equities

Gold inched down today, after rising about 1 percent in the previous session, as a firm dollar offset support from fading appetite for riskier assets due to mounting global growth concerns. FUNDAMENTALS As of 0115 GMT, spot gold...

Gold gains while Palladium, platinum eye biggest weekly fall

Gold rose a percent to a one-week high yesterday, briefly breaching the pivotal $1,300-per-ounce ceiling, as weak U.S. payroll data dented the dollar and risk sentiment, while also exacerbating a gloomy global economic picture.U.S. job growth...

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